Browsing Norges Banks vitenarkiv by Author "Faccioli, Nicolò Maffei"

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    • The decline of the labor share: new empirical evidence 

      Bergholt, Drago; Furlanetto, Francesco; Faccioli, Nicolò Maffei (Working Paper;18/2019, Working paper, 2019)
      We estimate a structural vector autoregressive model in order to quantify four main explanations for the decline of the US labor income share: (i) rising market power of firms, (ii) falling market power of workers, (iii) ...